Finelistings Technologies Limited IPO
BSE SMEListed On: May 14, 2024 at ₹ 127.0
₹ 123000 /1000 Shares
Check Allotment07 May, 2024
Open Date09 May, 2024
Close Date10 May, 2024
Allotment Date14 May, 2024
Listing DateIssue Price
₹123 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Skyline Financial Services Private LtdList Price
127.0Listing Date
2024-05-14Market Lot
1000 Shares (₹123,000/-)Lead Manager
Fedex Securities Pvt LtdIssue Size
1,100,000 shares(aggregating up to ₹13.53 Cr)Retail Portion
50%Subscription
37.49 times
The IPO of Finelistings Technologies Limited is priced at ₹123 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Skyline Financial Services Private Ltd is the registrar of the issue.
Finelistings Technologies Limited IPO bid opening date is from May 7, 2024 and the bid closing date was May 9, 2024.
Finelistings Technologies Limited IPO allotment result will be available on May 10, 2024. The tentative listing date for Finelistings Technologies Limited is May 14, 2024.
The total issue size is 1,100,000 shares(aggregating up to ₹13.53 Cr).
Finelistings Technologies Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 521,000 | 521,000 | 1,042,000 |
| Day 1 - 07-05-24 06:00 PM | 0.60 x | 3.29 x | 1.94 x |
| Day 2 - 08-05-24 06:00 PM | 2.31 x | 11.63 x | 6.97 x |
| Day 3 - 09-05-24 06:00 PM | 36.03 x | 38.96 x | 37.49 x |
Finelistings Technologies Limited Valuations
EPS Pre IPO
₹7.05/-EPS Post IPO
₹10.16/-P/E Pre IPO
17.44P/E Post IPO
12.1ROE
43.16%ROCE
21.73%RoNW
44.05%PAT Margin
19.65Price to Book Value
8.87Finelistings Technologies Limited Company Financials All values are in ₹ Lakh
| 29-Feb-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 968.92 | 1,015.99 | 154.33 |
| Revenue | 1,359.97 | 1,390.62 | 694.32 |
| Profit After Tax | 276.99 | 178.92 | -8.33 |
About The Company
Incorporated in 2018, Finelistings Technologies Limited is an enterprise involved in several business activities, namely (a) retail of used luxury cars and (b) software development services.
1. Retail of used luxury cars: In this business segment, the Company retails used premium and high-end luxury vehicles, with an average selling price of ₹ 40.00 lakhs. The vehicle types sold include sedans, sports cars, SUVs, and convertibles. After-sales services and repairs are provided through associated service centers. The company also assists its buyers in obtaining financings from other financiers, as well as third-party financing sources. The company officially began its journey and launched its showroom under the Finecars brand in August 2022 at Ambience Mall, Vasant Kunj, NCR.
2. Software development service: In this paradigm, the business provides cloud-related services, as well as services in IT consultancies, ranging from big data analytics, cloud architectures, data engineering, IoT, and solutions comprising business intelligence analytics, cloud development, cloud solutions, data management, digital transformation, IoT development, and web development.
As at October 31, 2023, a total of 5 employees working for the firm.
Finelistings Technologies Limited - Promoter(s)
Pre Issue Share Holding: 71.65%
Post Issue Share Holding: 49.98%
- Aneesh Mathur
- Arjun Singh Rajput
Finelistings Technologies Limited IPO - Issue Objectives
- Purchase of Software
- To meet working capital requirements
- General Corporate Purpose.
Other Details
Finelistings Technologies Limited
G-07, Ground Floor, Ambience Mall, Nelson Mandela Road, Vasant Kunj, South West Delhi, New Delhi - 110070Skyline Financial Services Private Ltd
Finelistings Technologies Limited IPO - FAQs
Ans. Finelistings Technologies Limited IPO is a SME IPO. The issue is priced at ₹123 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on May 7, 2024, and closes on May 9, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Finelistings Technologies Limited IPO opens on May 7, 2024 and closes on May 9, 2024.
Ans. The size of Finelistings Technologies Limited IPO is 1,100,000 shares(aggregating up to ₹13.53 Cr).
Ans. The IPO price band is set between ₹123 per equity share.
Ans. To apply for Finelistings Technologies Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Finelistings Technologies Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Finelistings Technologies Limited IPO is May 10, 2024.
Ans. The Finelistings Technologies Limited IPO will be listed on May 14, 2024.
Ans. Follow the steps to check the allotment status for Finelistings Technologies Limited IPO here.
